How Much Did Progressive Communications Raise?
Funding & Key Investors

Progressive Communications has secured $324K in total funding, with its most recent capital infusion amounting to $174K in a major strategic investment announced on 2021-02-12. This significant backing underscores the company's established presence and strategic importance in its sector.

What is Progressive Communications?

Progressive Communications
Business ServicesSoftware TestingSecurity Information and Event Management (SIEM)

Progressive Communications, LLC. is a Honolulu-based entity specializing in comprehensive telecommunications and IT solutions. The company offers a diverse range of services, including international cabling, advanced phone systems, IT support, and surveillance security solutions. Notably, as a Secret Cleared facility, Progressive Communications prioritizes security and offers unique offerings such as thermal screening services. Their client base spans local businesses to larger organizations requiring robust communication and surveillance infrastructure, aiming to boost operational efficiency and safety through integrated technology.

How much funding has Progressive Communications raised?

Progressive Communications has raised a total of $324K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$174K

Debt (2020): $150K with participation from PPP

Debt (2021): $174K led by PPP

Key Investors in Progressive Communications

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Progressive Communications?

The recent large-scale, late-stage funding indicates Progressive Communications is poised for significant expansion and further integration of its advanced technological offerings. This strategic investment will likely fuel the enhancement of their existing services, potentially broadening their market reach and deepening their capabilities in areas like secure communications and advanced surveillance. The company's focus on security-sensitive solutions, coupled with its Secret Cleared status, positions it for continued growth in government and enterprise sectors requiring high-assurance technology.

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Frequently Asked Questions Regarding Progressive Communications Financial Insights

What are the most recent funding rounds that Progressive Communications has completed, and what were the funding rounds?
Progressive Communications has recently completed 2 funding rounds: Debt on Feb 12, 2021, Debt on Apr 7, 2020.
What is the total amount of funding Progressive Communications has raised to date?
Progressive Communications has raised a total of $324K in funding to date.
How many funding rounds has Progressive Communications completed?
Progressive Communications has completed 2 funding rounds.
How much funding did Progressive Communications raise in its most recent funding round?
Progressive Communications raised $174K in its most recent funding round.
Who are the lead investors in Progressive Communications's latest funding round?
The lead investor in Progressive Communications's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Progressive Communications's history?
The largest funding round in Progressive Communications's history was $174K.
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